the next csg deal , page-6

I guess it largely comes down to how much we see value in the Qld gas resource vs AOE's International strategy.

Qld requires expensive long lead time LNG projects which might not happen (the first one or two the lowest risk I guess).

International bypasses the LNG chain, potentially getting gas directly into the various markets. The risk being how long it takes to get the technology applied right in the new coal basins. Not sure we really want to dilute our stake in this strategy too much.

EL